According to Zhitong Finance App, Shuifa Industrial New Materials (08073) issued an announcement. On September 30, 2026, the buyer (Zhuhai Haifa Industrial New Material Technology Co., Ltd., a wholly-owned subsidiary of the company) signed an equipment purchase contract with the supplier (Shenzhen Jiejiawei Innovative Energy Equipment Co., Ltd.). Based on this, the buyer agreed to purchase and the supplier agreed to supply the equipment at the contract price of RMB 29.7 million. The equipment to be purchased is a set of double chamber magnetron sputtering coating equipment.
The Group's revenue has been growing at an accelerated pace in the past two years, and the quality of profit has been steadily improving. Purchasing equipment is necessary for the Group's business expansion. In terms of market share of revenue, the company's main operating subsidiaries rank among the top smart LCD dimming product manufacturers in China. In the first half of 2026, the Group's ITO conductive film, architectural dimming film, and automotive dimming film business orders rose across the board. The product revenue structure has been continuously optimized, and automotive dimming film has become the Group's most promising profit growth point.
The equipment purchased this time is a double chamber coating equipment, which can meet the production requirements of the low square resistance ITO required for the Group's new dye liquid crystal PDLC, and at the same time supplement the production requirements of the high square resistance ITO required for PDLC. It can not only improve the production efficiency of existing product lines, but also make scientific research reserves for future product development in new directions.
The dye LCD PDLC newly developed by the company is based on traditional PDLC and changes color by adding binomial dyes. It is a product that is currently more liked and accepted by car OEMs and consumers, and is more competitive in terms of sensory effects and application scenarios. The ITO square resistance value used in dye liquid crystal PDLC is lower than the ITO square resistance value used in traditional PDLC, and the company's existing equipment cannot meet the technical requirements and efficiency of ITO used in dye liquid crystal PDLC.
The company's newly purchased equipment can achieve an annual production capacity of about 1.08 million square meters of low square resistance ITO products and 1.2 million square meters of high square resistance ITO at maximum design capacity. Based on the company's current actual business situation, the company anticipates that the equipment can add about 250,000 square meters/year of low resistance ITO production capacity to be used to manufacture dye LCD PDLC products. On the basis of meeting the low square resistance ITO required for dye liquid crystal PDLC products, it is also possible to supplement the high square resistance ITO production capacity required for existing PDLC products about 500,000 to 800,000 square meters/year. The sales volume of dye LCD products is expected to increase in the future.